Route Mobile Limited
listed
₹13,800Min. investment
Route Mobile Limited IPO Details
Issue size
₹600Cr
IPO type
Mainboard
Price range
₹345 – ₹350
Listing date
21 Sep 2020
Lot size
40 shares
Price range₹345 – ₹350
IPO type
Regular
Lot size40 shares
Issue size₹600Cr
Route Mobile Limited Timeline
- Bid start9 Sep 2020
- Bid end11 Sep 2020
- Allotment11 Sep 2020
- Release of funds17 Sep 2020
- Demat transfer16 Sep 2020
- Listing21 Sep 2020
Incorporated in 2004, Route Mobile is a cloud communications platform service provider, catering to enterprises, over-the-top (OTT) players and mobile network operators (MNO). Its portfolio comprises solutions in application-to-peer (A2P) / peer-to-application (P2A) / 2Way Messaging, RCS, OTT business messaging, voice, email, and omni-channel communication. It’s set to open its initial public offering for three days on September 9 with the closing date being September 11. The book running lead managers to the public issue are ICICI Securities, Axis Capital, Edelweiss Financial Services and IDBI Capital Markets & Securities. KFin Technologies is the registrar to the offer.Equity shares are proposed to be listed on National Stock Exchange of India and BSE Limited.
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Route Mobile Limited Contact Details
Company NameRoute Mobile Limited
How to apply for Route Mobile Limited?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.